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Top Line Business Development Corp
19th Floor Latitude Corporate Center
Mindanao Avenue, Cebu Business Park
Phone: +63 325056058p:+63 325056058 CEBU, 6000  Philippines Ticker: TOPTOP
Business Summary
Top Line Business Development Corp. is a Philippines-based company, which is focused on its vertically integrated liquid fuels business, with an emphasis on the underserved Central Visayas region. The Company operates in two segments, namely Commercial Fuel Trade and Retail. Its operations are grouped into commercial fuel trade, which spans depot operations and industrial accounts, as well as retail trade. The Commercial Fuel Trading segment focuses on the bulk distribution of liquid fuel to industrial accounts in shipping, transportation, construction, among others. Its Business-to-Business segment uses the existing Light Fuels retail network as the supply point for its smaller tank trucks. The Depot Operations segment engages in operating a fuel depot within a depot terminal in Mandaue City, Cebu. The Retail Fuel Distribution segment operates under the Light Fuels and Light Fuels Express brands. The Company offers diesel, gasoline, and other petroleum-based products.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
5172 Petroleum and petroleum products wholesalers, except bulk station

General Information
Outstanding Shares: 10,742,193,000 (As of 9/30/2024)
Shareholders: 8
Stock Exchange: PSE


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Thursday, October 23, 2025